Saudi Arabia recorded a Government Budget deficit equal to 11.20 percent of the country's Gross Domestic Product in 2020. source: Saudi Arabian Monetary Agency
Government Budget in Saudi Arabia averaged 0.81 percent of GDP from 1969 until 2020, reaching an all time high of 43.20 percent of GDP in 1973 and a record low of -25.30 percent of GDP in 1987. This page provides - Saudi Arabia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Budget - values, historical data and charts - was last updated on June of 2022.
Government Budget in Saudi Arabia is expected to reach 6.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Government Budget is projected to trend around 3.50 percent of GDP in 2023 and 2.00 percent of GDP in 2024, according to our econometric models.